Sri Lanka needs institutional changes for long-term debt sustainability, says professor
The South Asian country is grappling with its worst financial crisis in decades and needs to unlock a $2.9 billion IMF loan that was agreed to in September.
Ex-Goldman banker Ng sentenced to 10 years in prison for 1MDB corruption case
The charges stem from some $6.5 billion in bonds that Goldman helped 1MDB, which was founded to finance development projects in Malaysia, sell in 2012 and 2013.
Staying in British castles may be easier — and cheaper — than you think
Storied Collection connects travelers with historically significant castles, manor houses and hotels in the U.K. — plus details about famous former guests.
Forget chips — UBS says to load up on this global sector instead
Equity strategist Gerry Fowler urged caution on semiconductor stocks — a hot sector this year — offering up an alternative sector to invest in.
As Treasury yields rise, these global stocks have yields of over 5%
As rates rise, it becomes harder to find shares that can compete on a yield basis — but some exist. CNBC Pro screened for global stocks with yields above 5%.
Hong Kong, Australia stocks tumble as Asia continues Wall Street’s sell-off; Bank of Japan holds rates
The Bank of Japan is widely expected by economists polled by Reuters to make changes to its ultra-dovish monetary policy and hold its interest rates at -0.1%.
Dow closes more than 300 points lower, posts worst week since June as Silicon Valley Bank collapse sparks selloff: Live updates
Stocks tumbled Friday as tech-focused lender Silicon Valley Bank shut down following losses in its bond portfolio and sent shockwaves through financial markets.
CNBC Daily Open: Markets sold off before the monthly U.S. jobs report
Investors are getting noticeably jittery about February’s jobs report. Markets experienced a sell off, especially in the banking sector.
Silicon Valley Bank’s struggles spell further trouble for beleaguered tech startup market
Silicon Valley Bank’s crisis is due to the challenges faced by its clients, though the problems could now get worse.
February is expected to have been a strong month for hiring and wage growth
Economists expect hiring stayed strong in February and that wages grew even faster than they did in January.
